Question
est: Test #2-Chapter 3 is Question: 1 pt Time Remaining:02:35:21 Submit Test This Test: 15 pts possibl The chances of winning are often written in terms of odds rather than probabilities The odds of winning is the ratio of the number of successful the number of unsuccessful outcomes. For example, if the number of successful outcomes is 2 and the number of unsu chance of winning, which game should you play? Explain your reasoning Choose the correct answer below OA. winning are 2:3 The probabity of winning an instant prize game is 1o The odds of winning a iferent nstantprize game are 1,10 if you want the best ccessful outcomes is 3, the odds of You should play the second game because the probability of wining a game with 1,10 odds of winningis 7 which is less than You should play the first game because the probability of winning a game with 1 10 odds of winning is , which is greater than T You should play the fist game because the probability of winning a game vwith 1-10 odds of winning is which is less than You should play the second game because the probability of inning a game with 110odds of ining is o C. D which is greater an to
Explanation / Answer
Probability of winning first game = 1/10
Odds of winning second game = 1:10
=> Probability of winning second game = 1/11
Therefore the answer is:
C. You should play the first game because the probability of winning the second game is 1/11 which is less than 1/10.
